Total monthly cost of ownership
Cost to Own a Home in Masontown, Pennsylvania
A $117,000 home here costs
$1,121per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $601. The real number is $519 higher every month — 86% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Masontown against Fayette County and Pennsylvania
| Measure | Masontown | Fayette County |
|---|---|---|
| Median home value | $116,700 | $126,900 |
| Median property tax | $1,446 | $1,516 |
| Effective tax rate | 1.239% | 1.195% |
| Median gross rent | $463 | $771 |
| Population | 3,238 | 126,967 |
The weather behind that power bill
Masontown sits in Fayette County, which averages a high of 84.3°F in its hottest month and a low of 21.4°F in its coldest, with 44.35" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 791 cooling and 5,450 heating degree days, which is what sets the $194 electricity line above.
See the full climate breakdown for Fayette County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Fayette County
Full Fayette County cost breakdown · Every county in Pennsylvania
Common questions
How much does it cost to own a home in Masontown?
A $117,000 home in Masontown, Pennsylvania costs approximately $1,121 per month with 20% down at 6.66%. That is $601 principal and interest, $121 property tax, $39 homeowners insurance, $262 utilities and $98 set aside for maintenance.
What is the property tax rate in Masontown?
Masontown has an effective property tax rate of 1.239%, based on a median home value of $116,700 and median real estate taxes of $1,446. That is higher than the Fayette County average of 1.195%.
What is the average home price in Masontown?
The median owner-occupied home value in Masontown, Pennsylvania is $116,700, against $126,900 across Fayette County.
Is it cheaper to rent or buy in Masontown?
Median gross rent in Masontown is $463 a month, against $1,121 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Masontown — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Pennsylvania.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.